Regulatory Alerts2023-05-01
Louisiana Office of Financial Institutions Monthly Bulletin May 2023
The Louisiana Office of Financial Institutions issued its May 2023 Monthly Bulletin to report regulatory actions regarding banking branches and production offices. The document details the closure of the M C Bank & Trust Company New Orleans Downtown Office and the approval of new branches for b1BANK, BOM Bank, and Cross Keys Bank. Additionally, it records the closure of a Crescent Bank loan production office, the opening of an M C Bank production office, and the relocation of a Gulf Coast Bank and Trust Company office.
STATE OF LOUISIANA OFFICE OF FINANCIAL INSTITUTIONS BATON ROUGE, LOUISIANA
MONTHLY BULLETIN
MAY 2023
BANK HOLDING COMPANIES No Activity
BANKS/THRIFTS/CREDIT UNIONS/TRUST COMPANIES No Activity
BRANCHES Effective March 31, 2023 M C Bank & Trust Company, Morgan City, St. Mary Parish, LA, closed its NEW ORLEANS DOWNTOWN OFFICE located at 201 Saint Charles Avenue, Suite 3209, New Orleans, Orleans Parish, LA 70170.
Approved May 2, 2023 ADDISON BANKING CENTER proposed by b1BANK, Baton Rouge, East Baton Rouge Parish, LA, to be located at 14951 North Dallas Parkway, Suite 100, Dallas, Dallas County, TX 75240.
Approved May 2, 2023 WOODWORTH BRANCH proposed by BOM Bank, Natchitoches, Natchitoches Parish, LA, to be located at 9380 Highway 165, Woodworth, Rapides Parish, LA 71485.
Approved May 24, 2023 BOSSIER BRANCH proposed by Cross Keys Bank, St. Joseph, Tensas Parish, LA, to be located at 1836 Swan Lake Road, Bossier City, Bossier Parish, LA 71111.
Approved May 31, 2023 PASADENA BANKING CENTER proposed by b1BANK, Baton Rouge, East Baton Rouge Parish, LA, to be located at 4420 East Sam Houston Parkway South, Pasadena, Harris County, TX 77505.
CHANGES OF LOCATION/CONSOLIDATIONS No Activity
POST OFFICE BOX 94095, BATON ROUGE, LOUISIANA 70804-9095 (225) 925-4660 DEPOSITORY FAX # (225) 925-4548 HUMAN RESOURCES FAX# (225) 925-4665 LEGAL FAX # (225) 925-2592 SECURITIES FAX # (225) 925-4511 NON DEPOSITORY # (225) 922-2860 MAIL ROOM FAX # (225) 925-4524 Web Site: www.ofi.la.gov email: ofila@ofi.la.gov
MONTHLY BULLETIN --MAY 2023
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LOAN PRODUCTION OFFICES (LPOs) / DEPOSIT PRODUCTION OFFICES (DPOs) / COMBINATION LPOs-DPOs Effective March 3, 2023 Crescent Bank, New Orleans, Orleans Parish, LA, closed its CRESCENT BANK & TRUST LAFAYETTE LOAN PRODUCTION OFFICE located at 302 La Rue France, Suite 202, Lafayette, Lafayette Parish, LA 70508.
Effective May 15, 2023 M C BANK & Trust Company, Morgan City, St. Mary Parish, LA, opened its M C BANK METAIRIE MAIN LOAN AND DEPOSIT PRODUCTION OFFICE located at 3636 South I-10 Service Road, Suite 102, Metairie, Jefferson Parish, LA 70001.
Filed/No Objection May 26, 2023 Gulf Coast Bank and Trust Company, New Orleans, Orleans Parish, LA, proposes to relocate its CORPUS CHRISTI LOAN PRODUCTION OFFICE from 13138 Leopard Street to 4250 IH 69 Access Road, Suite 3, both located within Corpus Christi, Nueces County, TX 78410.
No Objection May 26, 2023; Filed May 10, 2023 BANK OF OAK RIDGE WEST MONROE LOAN AND DEPOSIT PRODUCTION OFFICE proposed by Bank of Oak Ridge Oak Ridge, Morehouse Parish, LA, to be located at 3711 Cypress Street, Suite 4, West Monroe, Ouachita Parish, LA 71291.
SUBSIDIARIES Applications No Activity
Notice-Only No Activity
TRUST POWERS No Activity
OTHER No Activity
Any questions should be directed to Renee LeBlanc at (225) 922-0633.